1426 Edgefield LnBessemerAL35023
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bessemer at 1426 Edgefield Ln, Bessemer, AL, 35023 uses $78,754 cash to close to unlock $6,178/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $1,163/mo payment keeps the spread at $515/mo. Purchase price stands at $237,570, and rental yield measures 9.37% with $1,856/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $65,636 over five years. Five-year ROI reaches 144.2% and total cumulative return in cash records $113,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,163/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35023, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,221 (100%) |
| Owner Occupied HU | 6,968 (68.2%) |
| Renter Occupied HU | 2,300 (22.5%) |
| Vacant Housing Units | 953 ( 9.3%) |
| Median Home Value | $199,244 |
| Average Home Value | $272,900 |
Housing Distribution
Address Breakdown
Residential
10,058
Single Family
9,984
Multi-Family
74
Businesses
652
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